East Asia and Pacific World Bank
East Asia and Pacific World Bank
Timor Leste - Youth Development Project
(Jul 1)
WASHINGTON, July 1, 2008- The following project was approved today by the World Bank’s Board of Executive Directors:
IDA Grant: US$2.1 million
Program Description: The Project aims to promote youth empowerment and inclusion in development by expanding the capacities of and opportunities for youth groups to initiate and participate in community and local development initiatives.
For more information, please call Mohamad Al-Arief at (202) 458-5964 or email malarief@worldbank.org.
For more project information please visit:
http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P090644
Gas Flaring at Bekasi Landfill Marks Launch of Carbon Credit Purchase Deal
(Jul 1)
Contact :
World Bank Office
Jakarta Stock Exchange Building
Tower 2, 13 Floor,Jl. Jend SudirmanIn Jakarta – Randy Salim
Tel :(62 21) 5299-3259
rsalim1@worldbank.orgCDM project for solid waste management makes Bekasi an urban innovator in eco-friendly developmentBEKASI, July 2, 2008 – Today, the Municipality of Bekasi took an important step towards becoming a greener society with the activation of a new methane gas flaring facility at the TPA Sumur Batu landfill. With this, the wheels of an innovative Emission Reduction Purchase Agreement between the World Bank and PT Gikoko Kogyo Indonesia are now in motion, giving Bekasi a new stream of revenue from the sale of Certified Emissions Reductions while also contributing to a healthier global environment.“Clean development mechanisms like the one adopted by Bekasi not only help reduce greenhouse gas emissions, but also improve solid waste management in line with the Solid Waste Management Act (No 18/2008) and provide potential funding to loca...
Poor Community in Chon Buri to Benefit from 1st World Bank-Supported Carbon-Finance Project in Thailand
(Jul 1)
Contact Waraporn Hirunwatsiri whirunwatsiri@worldbank.orgPongtip Puvacharoen ppuvacharoen@worldbank.org+662-686-8300 CHON BURI, June 30, 2008 – The quality of life at a poor village in this coastal province of Thailand is about to get better, thanks to a community benefit plan supported by the World Bank.Currently, Moo 10 village, in Chon Buri’s Koh Chan District, has only very basic infrastructure and limited social services. There is no clean drinking water, no lighting on the streets. Poor children cannot afford education. Deteriorating soil quality has led to declining sugar cane production, further compounding poverty.The community benefit plan will bring change. A facility to produce clean drinking water will be installed, so will street lights. Scholarships will be provided to poor students. A pilot project to help villagers increase their income and improve living conditions will also be developed and implemented – by the villagers themselves.This community benefit plan is one ...
WORLD BANK APPROVES $1.0 M FOR ENHANCED VALUE OF INTEGRATED CHILDREN’S DIGITAL LIBRARIES IN RURAL SCHOOLS OF MONGOLIA
(Jun 27)
WASHINGTON DC, June 26, 2008 – The World Bank’s Board has just approved a grant of US$ 1.0 million for a additional financing under Rural Education and Development Project (READ) in Mongolia. Since December 2007, the Government of Mongolia (GoM) has been working with the One Laptop Per Child Foundation (OLPC) to introduce 20,000 XO laptop computers (computers that are specifically designed for primary school children) into the country’s schools in order to improve educational quality. In the context of this ongoing initiative, the GoM has requested additional financing under the World Bank’s Rural Education and Development Project (READ) to support its ongoing collaboration with OLPC in order to leverage READ to enhance the value of integrating children’s digital libraries with the XO laptop computer platform in rural schools. “The additional financing will support the distribution of a new deployment of XO laptop computers with Mongolia-specific educational content to children in s...
WORLD BANK APPROVES $9.3 M FOR ENHANCED MINING SECTOR DEVELOPMENT IN MONGOLIA
(Jun 27)
WASHINGTON DC, June 26, 2008 – The World Bank’s Board has just approved an investment credit and grant of US$ 9.3 million for a Mining Sector Technical Assistance Project (MSTA) in Mongolia. The proposed project is seen as the first phase of a longer-term engagement to support the Government in developing this key sector in the economy. Mongolia is experiencing a boom in its mining sector, which brings new opportunities as well as major challenges. Mongolia has a range of potential world-class mineral deposits, and has attracted considerable investment in exploration in recent years. In 2007, mining directly accounted for about 20 percent of real GDP, 56 percent of gross industrial output, 69 percent of exports, and 36 percent of government revenue. Mongolia’s mining sector has the potential to contribute significantly to economic growth further, but its successful development will to a large extent depend on the government's ability to establish and maintain a competitive and st...
WORLD BANK APPROVES $5.0 M FOR ENHANCED JUSTICE SECTOR DEVELOPMENT IN MONGOLIA
(Jun 27)
WASHINGTON DC, June 26, 2008 – the World Bank’s Board has just approved an investment credit and grant of US$ 5.0 million for the Enhanced Justice Sector Services Project (JSSP) in Mongolia. The project will assist Mongolia to implement its “Millennium Development Goals-Based National Development Strategy” (NDS) by strengthening government institutions and improving the legal environment to ensure transparency and accessibility of public services. In 2007, the Parliament of Mongolia completed the preparation of a “Millennium Development Goals-Based National Development Strategy” (NDS) in which the concepts of law, justice and human rights figure prominently. A working group, established by Ministry of Justice and Home Affairs (MOJHA) also evaluated the impact of The World Bank Legal and Judicial Reform Project (LJRP) in December 2007 and noted the importance of comprehensive public and legal education and the need to continue to improve both the IT and physical infrastructures of t...
US$320 million in IDA credits approved for Vietnam’s reforms, infrastructure, and development
(Jun 26)
Contacts:In Hanoi: Nguyen Hong NganPhone: (84-4) 934 6600 – 234nnguyen5@worldbank.orgIn Washington: Elisabeth MealeyPhone: 1-202-458 4475Email: emealey@worldbank.org WashingtonDC, June 26, 2007 – The World Bank’s Board of Directors have this week approved two International Development Association (IDA) credits for Vietnam: a Seventh Poverty Reduction Support Credit (PRSC 7) for US$ 150 million, and the Northern Delta Transport Development Project for US$ 170 million. Part of a series of annual operations, the PRSC 7 provides direct budget support to promote the Government’s implementation of the Social Economic Development Plan (SEDP) 2006-2010. The PRSC 7 was made in recognition of the country’s progress in business development, social inclusion, natural resources management and modern governance, which are also the four pillars of Vietnam’s SEDP 2006-2010. In business development: The credit endorses the Government’s establishment of consultation and information gathering mechan...
Papua New Guinea- Second Mining Sector Institutional Strengthening Technical Assistance Project
(Jun 26)
WASHINGTON, June 26, 2008- The following project was approved today by the World Bank’s Board of Executive Directors:
IDA Credit: US$17 million
TERMS: Maturity = 35 Years; Grace Period = 10 Years
Program Description: The project aims to to improve the benefits from Extractive Industries (EI) to the national budget and to mining affected communities and to mitigate mining's health and safety risks for artisan and small-scale mining (ASM) miners. This will be achieved through improving effectiveness of key E1 sector institutions, supporting E1 communities to be better able to monitor the delivery of community programs and services, empowering disadvantaged groups including women and youth in extractive industries affected areas, and improving accountability of the sector and for management and use of mining-related revenues.
For more information, please call Mohamad Al-Arief at (202) 458-5964 or email malarief@worldbank.org
Mongolia: Mining Sector Institutional Strengthening Technical Assistance Project
(Jun 26)
WASHINGTON, June 26, 2008- The following project was approved today by the World Bank’s Board of Executive Directors:
IDA Grant: SDR 2,570,000
IDA Credit: SDR 3,150, 000
Terms: Maturity= 40 year Grace Period= 10 year
Project Description: The project aims to assist the Government to develop further the policy, fiscal, legal, regulatory and institutional framework for the mining and extractive sector that meets the needs of government, industry, and civil society. This includes the operation of Erdenes MGL LLC, the Holding Company for State Equity, according to good international practice associated with a commercial entity.
For more information, please call Mohamad Al-Arief at (202) 458-5964 or email malarief@worldbank.org
Mongolia: Enhanced Justice Sector Services Project
(Jun 26)
WASHINGTON, June 26, 2008- The following project was approved today by the World Bank’s Board of Executive Directors:
IDA Credit: US$ 5.0 million
Terms: Maturity= 40-year Grace Period= 10-year
Project Description: The project’s aims to support Mongolian justice sector institutions enhance their efficiency, transparency and accountability through capacity improvements.
For more information, please call Mohamad Al-Arief at (202) 458-5964 or email malarief@worldbank.org
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